SAIC Motor ranked 138th on the 2025 Global 500 list announced by Fortune magazine on July 29 (Beijing time), with a consolidated revenue of $87.2239 billion in 2024. This marks the 21st time that the company has made the prestigious list.

In 2024, SAIC Motor achieved terminal deliveries of 1.368 million new energy vehicles (NEVs) and 1.082 million vehicles in overseas markets, making it the only Chinese automaker to sell over one million units both in NEVs and abroad for three consecutive years.

In the first half of 2025, the company pressed ahead with deepened reforms and innovation-driven transformation. It achieved wholesale vehicle sales of 2.053 million units, a 12.4 percent year-on-year increase, while terminal deliveries reached 2.207 million units. Both production and sales continued to rebound, supported by a steady recovery in consumer demand.

SAIC Motor's self-owned brands sold 1.304 million vehicles, a robust year-on-year growth of 21.1 percent. NEV sales surged by 40.2 percent to 646,000 units, while overseas markets managed to overcome multiple headwinds and achieved 494,000 units in sales, a 1.3 percent year-on-year increase.

Reform strengthens brand development

SAIC Motor has integrated the management of its passenger and commercial vehicle businesses, creating a more agile and efficient operational mechanism with faster market responsiveness.

In the passenger vehicle segment, the company optimized dozens of business processes, including product definition and cost control. It streamlined the entire vehicle development chain and fully implemented agile development, cutting product development cycles to 18 months.

In the commercial vehicle segment, SAIC Motor continued organizational restructuring and resource coordination to enhance operational efficiency. In the first half of 2025, sales of Self-owned brands reached 1.304 million units, accounting for 63.5 percent of total group sales — an increase of 4.6 percentage points year-on-year.

SAIC Motor Passenger Vehicle Company sold 368,000 units (up 9.8 percent), with domestic sales jumping 54.7 percent. SAIC Maxus sold 107,000 units (up 11.2 percent), and SAIC-GM-Wuling Auto (SGMW) sold 753,000 units (up 32.2 percent).

Innovation enables breakthroughs in core technologies

SAIC Motor's second-generation solid-state batteries feature a significant leap in performance. A new smart cockpit system developed in partnership with OPPO will debut on the upcoming MG4 model.

Meanwhile, SAIC Motor's end-to-end intelligent driving model has entered mass production with the IM L6, allowing the IM AD assisted driving system to navigate complex scenarios such as highway toll booths, roundabouts, U-turns, and mixed pedestrian-vehicle traffic with safety levels 6.7 times higher than human driving.

Domestically developed chips were used in over 28 percent of SAIC vehicles in the first half of the year, and the company is actively collaborating with partners such as Horizon Robotics to tackle technological challenges and accelerate the deployment of high-end chips in production vehicles.

"Glo-cal Strategy" supports global expansion

SAIC Motor’s products are now sold in over 170 countries and regions. The company has one overseas market with over 300,000 annual sales (Europe) and five regional markets with over 50,000 annual sales (Americas, Middle East, Oceania, ASEAN, and South Asia), with total cumulative overseas sales surpassing 6 million units.

In the first half of 2025, SAIC officially launched its Global Strategy 3.0 — the "Glo-cal Strategy" which blends global standards with localized operations. Despite challenges such as anti-subsidy tariffs, SAIC Motor's MG brand posted 153,000-unit sales in Europe, becoming the top-selling Chinese automotive brand in the region.

According to the European Auto Manufacturers' Association (ACEA), MG's new vehicle registrations in Europe grew 18.6 percent year-on-year, significantly outpacing the overall market.

Over the next three years, leveraging its robust capabilities in EV and intelligent connected technologies, SAIC Motor plans to launch 17 new overseas models across SUV, sedan, MPV, and pickup-truck segments. These models will be equipped with cutting-edge HEV hybrid systems, targeting mainstream global segments. Breakthrough technologies such as solid-state batteries are also expected to enter large-scale applications.

Openness fosters win-win collaboration

As the latest participant in Huawei's Smart Selection Vehicle program, SAIC Motor has unveiled a new brand — SAIC Shangjie. Positioned around four pillars — style, technology, trust, and inclusivity, SAIC Shangjie integrates Huawei Intelligent Mobility Solution with SAIC Motor's advanced manufacturing, global R&D standards, and the rigorous quality assurance system of the Harmony Intelligent Mobility Alliance (HIMA).

The brand's debut model, the Shangjie H5, is available in both battery electric and range-extended powertrain options. The battery electric version offers a CLTC range of up to 655 kilometers, while the range-extended version delivers a combined CLTC range of over 1,300 kilometers. The vehicle will officially launch in September.